Save Article

Sky Deutschland Seals German Soccer Rights

By

Harriet Torry And

Philipp Grontzki

Updated April 17, 2012 10:16 a.m. ET

FRANKFURT—Sky Deutschland AG retained key broadcasting rights Tuesday for top matches of Germany's Bundesliga soccer league, but competition from other parties including Deutsche Telekom AG means the sum that Sky will pay to broadcast matches is set to roughly double.

Sky Deutschland currently pays between €225 million ($295.7 million) and €275 million a season for a package that includes rights for live Bundesliga broadcasts via satellite and cable. It will pay €485.7 million under the new deal, which includes rights to...